A dealer that sells gold coins now estimates that his small business will now have to generate between ten and twenty thousand 1099’s each year due to the new health insurance law. In other words, put him out of business. Buy a gold coin, fill out a 1099, that is now the law. But I was thinking, what if I wanted an easy way to steal personal information, the kind of information on all of these millions of additional 1099’s that are about to be floating around because of the health insurance mandate law. I would be very excited about dumpster diving in the near future, it will be the new goldmine business.
So much of this new law will kill jobs and raise premiums. Yesterday the employees of Arizona were notified that their health insurance premiums will be going up by 37 percent, this premium increase directly attributable to ObamaCare it said.
And the worst is yet to come.
Michael Higgins
www.higginscompanies.com